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See also:ABA Journal: “Death of a Practice: After lawyer dies, her friend is faced with closing down her firm”Podcast TranscriptStephanie Francis Ward: What happens to your law practice when you can no longer run it? That’s a question many lawyers may not want to think about but they probably should.I’m Stephanie Francis Ward, and on today’s Asked and Answered, we’re discussing preparations that can help the shutdown of a practice run as smoothly as possible. Joining me is Steve Crossland, an estate planning lawyer and former president of the Washington State Bar Association. He also chaired the group’s Task Force on Attorney Succession Planning.Our other guest, Barbara Fishleder, serves as the Oregon Attorney Assistance Program’s Executive Director. She’s also the author of a widely read book that tells lawyers basically everything they need to know about protecting clients’ interest in the event that they can no longer … [Read more...] about Would your practice be prepared if something happened to you? (podcast with transcript)

When Erica l. Salmon Byrne graduated from law school three years ago, money seemed to be no object.With a big-firm job waiting for her at the end of the summer, she blew $6,000 before her start date by taking an extended tour of New Zealand and Australia with a friend. “Both of us had the attitude that we’re going to come back, and we’re going to work really hard and make a bunch of money,” says Byrne, now an associate in Washington, D.C. True, she’d probably never get that much vacation time again, but she was already staring down the barrel of $120,000 in student loans.But Byrne insists she was not alone. “Every single friend of mine in law school was living large until the [student loan] grace period expired,” she says.According to U.S. News & World Report, most of the law school class of 2005 graduated with upwards of $60,000 in student loans. The number soars past $90,000 for graduates of private schools such as Georgetown University … [Read more...] about No ‘$60,000 Millionaires’

Leading the News Burkina Faso On September 25th, the United Nations (U.N.) Security Council issued a statement welcoming the reinstatement of President Michel Kafando and the transitional authorities of Burkina Faso following the recent coup. In addition to commending the Economic Community of West African States (ECOWAS) and the African Union (AU) for their efforts to end the crisis and restore order in the country, the Security Council urged all political actors in Burkina Faso to refrain from violence and resume the transition process without delay. On September 26th, U.S. National Security Advisor Susan Rice congratulated the people of Burkina Faso for their success in defending Burkinabe democracy and reinstating the transitional government. Ambassador Rice also expressed appreciation to the international partners who condemned the coup in Burkina Faso and helped prevent the country’s democratic transition from unraveling, including ECOWAS, the AU, and the U.N. … [Read more...] about Africa Update for October 2015

Energy and Climate DebateIn the midst of a big week for health care, energy issues had a number of their own headlines as well.On June 26, a three-judge panel with the U.S. Court of Appeals for the District of Columbia Circuit dismissed challenges from industry groups and some states to the Environmental Protection Agency’s tailoring rule in an unsigned opinion that reaffirmed the rules in their entirety. The tailoring rule limits greenhouse gas permitting to the largest industrial sources. The court ruled that the petitioners lacked standing to challenge the rule because it was aimed at easing their permitting burden by limiting the number of sources that need to have permits. The court also denied challenges to the agency’s endangerment finding for greenhouse gases and subsequent emissions standards for cars and light-duty trucks. Petitioners are reviewing the decision and considering whether to seek a full hearing before the District of Columbia Circuit or appeal to the … [Read more...] about Energy and Environment Law Update – July 2, 2012